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Interest and fees on loansheld for investment$14,860K (6.36%↑ Y/Y)Interest from debtsecurities$2,760K (16.06%↑ Y/Y)Interest from federalfunds sold$360K (-6.49%↓ Y/Y)Interest and dividends oninterest bearing...$70K (20.69%↑ Y/Y)Interest and fees on loansheld for sale$53K (165.00%↑ Y/Y)Total interest anddividend income$18,103K (7.68%↑ Y/Y)Net interest income$12,333K (17.16%↑ Y/Y)Gain on sale ofbearing insurance...$4,836K Atm and check cardfees$904K (294.76%↑ Y/Y)Total interestexpense$5,770K (-8.19%↓ Y/Y)Title insuranceincome$662K (13.36%↑ Y/Y)Mortgage banking income$639K (78.49%↑ Y/Y)Wealth managementincome$536K (-4.29%↓ Y/Y)Service charges ondeposit accounts$372K (21.17%↑ Y/Y)Other operatingincome$324K (264.04%↑ Y/Y)Income on bank ownedlife insurance$218K (1.40%↑ Y/Y)Net interest incomeafter provision for...$12,064K (29.16%↑ Y/Y)Total noninterestincome$4,854K (73.85%↑ Y/Y)Total provision forcredit losses$269K (-77.34%↓ Y/Y)Losses on sale ofsecurities-$3,462K (recovery of) provisionfor credit losses -...-$37K (-103.42%↓ Y/Y)Total interest ondeposits$5,573K (-9.65%↓ Y/Y)Interest on long-termdebt$197K (69.83%↑ Y/Y)Low income housingpartnership amortization-$175K (10.71%↑ Y/Y)Income before incometaxes$6,471K (89.21%↑ Y/Y)Total noninterestexpense$10,447K (19.92%↑ Y/Y)Provision for creditlosses - loans$306K Net income$5,369K (81.08%↑ Y/Y)Income tax expense$1,102K (142.20%↑ Y/Y)Salaries$4,337K (17.09%↑ Y/Y)Other operatingexpenses$1,780K (15.36%↑ Y/Y)Employee benefits$1,483K (60.67%↑ Y/Y)Data processing fees$927K (8.42%↑ Y/Y)Legal andprofessional expense$686K (30.17%↑ Y/Y)Atm and check cardfees$387K (69.00%↑ Y/Y)Occupancy expense$384K (-0.78%↓ Y/Y)Equipment expense$259K (-13.09%↓ Y/Y)Fdic assessment$204K (-17.07%↓ Y/Y)
Income Statement

F&M BANK CORP (FMBM)

F&M BANK CORP (FMBM)

source: myfinsight.com